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2012 Submission Required By: ALL PROPERTY & CASUALTY INSURERS Assessable Premium Calculation For Michigan Basic Property DUE 3/1/13 ALL Property & Casualty Insurers must complete this form and submit
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What is assessable premium calculation for?
Assessable premium calculation is used to determine the total premiums that are subject to assessment for tax purposes or regulatory fees.
Who is required to file assessable premium calculation for?
Insurance companies and other entities that collect premiums are typically required to file assessable premium calculations.
How to fill out assessable premium calculation for?
To fill out an assessable premium calculation, gather the required premium data, follow the specific formatting or guidelines outlined by the regulatory authority, and submit the completed form with all necessary supporting documentation.
What is the purpose of assessable premium calculation for?
The purpose of assessable premium calculation is to ensure compliance with regulatory requirements and to ensure that the correct amount of premium taxes or assessments are paid.
What information must be reported on assessable premium calculation for?
Information that must be reported includes total premiums collected, types of insurance policies, any exemptions or adjustments, and calculations used to derive the assessable amount.
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